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Town's last bank set to close

Created on 03/10/2017 @ 14:57
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Barclays Bank is unlikely to reprieve one of its Montgomeryshire branches from closure next month.

The banking company has met with community representatives in Llanidloes to discuss the closure of the last remaining bank in the town on 10 November.

Russell George, AM for Montgomeryshire, convened a meeting to discuss the situation and relay the community's frustrations with the bank's decision. 
Meeting with senior management Mr George was joined by Glyn Davies MP, County Councilllor Phyl Davies and the Mayor of Llanidloes, Cllr Janet Crisp, to underline the importance of over the counter banking services for the people of Llanidloes.

NatWest and HSBC has already closed in the town.
Barclays customers will be expected to travel to Newtown to use the nearest Barclays branch or use the Post Office for transactions such as paying in cheques or depositing cash.
Following the meeting, Mr George said: “While I’m grateful to Barclays’ management for meeting with me, Glyn Davies MP and other local representatives, I was disappointed, but sadly not surprised, that they were not able to make a commitment to Llanidloes going forward.
“I had hoped for a different response given that just two year ago, the bank  had said they did not have plans to close this branch.
“However, at the meeting, Barclays did confirm that they would consider keeping an ATM in the town and it was agreed that the Town Council and I would get back to them with suggestions for suitable locations.
“I’m also intending to meet Post Office officials in the coming weeks with regards to the banking services they can provide.”

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